Anti-Money Laundering Compliance Officer (AMLCO)

Wise Wolves Group is growing. Special needs require special people.

Wise Wolves Payment Institution Limited (PI), part of WISE WOLVES GROUP, a European payment service provider, is seeking to recruit for the position of an Anti-Money Laundering Compliance Officer (AMLCO).

WHAT YOU WILL DO:

• Develop and implement AML/CFT compliance model for a payment institution in line with the regulatory framework
• Review internal policies and procedures annually to ensure they align with the regulatory and legal frameworks
• Review and update Customer Acceptance Policy annually or as triggered by changes in the relevant regulations
• Review and update AML/CFT policies and procedures annually or as triggered by changes in the relevant regulations
• Record and assess all risks arising from existing and new customers, new products and services on an annual basis
• Carry out annual review to identify areas of potential AML/CFT risks to implement preventive/corrective strategies
• Implement transaction monitoring and sanction screening systems in line with the regulatory requirements and industry best practices
• Provide advice and guidance to the management and staff on matters relating to prevention of money laundering and terrorist financing
• Organize training workshops/seminars for the management and staff on matters relating to prevention of money laundering and terrorist financing
• Assess third party relationships with whom the payment institution intends to cooperate on customer identification and due diligence matters
• Respond to Correspondent Bank enquiries regarding inward/outward transfers
• Receive and analyse Internal Suspicious Activity Reports from management and staff
• File Suspicious Activity Reports to MOKAS
• Act as the first point of contact for Central Bank of Cyprus and MOKAS
• Receive and evaluate the findings of internal & external audit reports and take corrective action to address identified deficiencies
• Prepare an annual report on AML/CFT matters (AMLCO’s Annual Report) for submission to the Senior Management, Board of Directors and the Central Bank of Cyprus
• Maintain up-to-date knowledge of the regulatory framework, amendments to existing regulations and new regulatory releases
• Participate in seminars, conferences, and workshops to enhance AML/CFT knowledge

YOU ARE A FIT IF YOU HAVE:

• Bachelor’s degree in Law, Banking, Finance or a related business discipline
• Working experience in a similar role in an EU Bank, Payment or E-money Institution
• CAMS certificate or equivalent
• Strong knowledge of Cyprus’ AML law, European AMLD5, PSD2 and other applicable laws
• Enhanced knowledge of industry best practices and professional standards
• Detail-oriented, analytical and highly organized mind
• Strong research and reporting skills
• Excellent verbal and written communication skills
• Ability to work independently, manage large workloads and keep deadlines
• Ability to work in a team and grow within compliance area
• Proficiency in English language, a good command of Russian
• Solid computer literacy to make friends with our IT team :)

WE ARE HAPPY TO OFFER YOU:

• Competitive remuneration package
• Office in the center of Limassol
• Professional development
• Corporate events
• Strong team of professionals you can grow with
• And not only :)

Join Wise Wolves Group. We are committed to excellence.

APPLICATION

If you are interested in joining our team, please apply via this link and submit your detailed CV.

Please note that due to the high volume of applications, we'll contact only those selected for interviews. However, your information will be retained for consideration in the future should suitable positions become available.